NANCHANG, Nov. 26 (Xinhua) -- Five years ago, Zhu Hao, marketing general manager of Jiangxi Sanyou Furniture in east China's Jiangxi Province, could hardly imagine that the European market would one ...
All four American Signature Furniture stores in Tennessee are closing as part of the bankruptcy. An announcement to close four stores in Tennessee has evolved into a Chapter 11 bankruptcy filing for ...
It’s been a bad year for retail stores, and it’s not over. Another business just filed for bankruptcy and announced that it’ll be closing stores soon. American Signature, Inc., which owns two ...
NEW YORK, Nov 24 (Reuters) - Home furniture retailer American Signature Inc filed for bankruptcy in Delaware on Saturday, blaming declining sales and increased costs due to inflation and tariffs.
Another home furnishings retail chain has sought Chapter 11 bankruptcy protection as it deals with higher costs, reduced sales, a downturn in the housing market, and President Trump’s tariffs.
American Signature Inc. saw sales increase 37% in 2021, but that growth is long gone. The COVID-19 pandemic brought on economic stimulus programs and lockdowns that the furniture retailer says pushed ...